This may take a while

Icandothisby2023

pidge04 wrote: »

I love a new diary! GOOD LUCK!
Where do you find you have the most luck selling stuff?

I'm going to try facebook for bulky stuff and ebay for stuff I think may be worth more / appeal to people further away. No bootsales really on at the moment and not sure i'll have chance to do one when they restart.
From a tidiness point of view it would be easier to give some of it away to charity etc so some may go that way too.

Icandothisby2023

Lazy day today, but aside from the last £5 of my Christmas money (on a new loom knitting pick) I haven't spent anything. OH bought a little bit of petrol so minimal spends altogether.
Need to start on the house clearout but leaving that for another day

Icandothisby2023

OH took sandwiches to work, not sure if he spent anything else! I bought him a new pair of jeans to replace a worn out pair
No hot choc whilst out doing work deliveries. go me!

Icandothisby2023

Resisted the temptation of take away food after a physical day at work. OH took sandwiches again and I didn't buy at work either.

Icandothisby2023

Managing to resist temptation most of the time! Sandwiches taken by OH, no work for me today so chilling at home before little guy goes back to school. Hope to get a little decluttering done too.
OH wages go in mid month, and mine weekly, not idea with YNAB but I go against the grain and budget for the month before all the money comes in. Seems to work for me. February and March are no council tax months so should give me a bit extra towards the debts.

Icandothisby2023

Here is my SOA as best as i can do it at present. I am hoping by posting this i may get a bit more intereaction as its not much help talking to myself!
Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 4

Monthly Income Details
Monthly income after tax................ 1200
Partners monthly income after tax....... 1450
Benefits................................ 82
Other income............................ 0
Total monthly income.................... 2732

Monthly Expense Details
Mortgage................................ 398
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 124
Electricity............................. 40
Gas..................................... 65
Oil..................................... 0
Water rates............................. 21
Telephone (land line)................... 0
Mobile phone............................ 43
TV Licence.............................. 13.2
Satellite/Cable TV...................... 61.5
Internet Services....................... 0
Groceries etc. ......................... 300
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 35
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 55
Buildings insurance..................... 10
Contents insurance...................... 10
Life assurance ......................... 25
Other insurance......................... 0
Presents (birthday, christmas etc)...... 5
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 20
Emergency fund.......................... 20
Personal spending money................. 300
Total monthly expenses.................. 1634.7


Assets
Cash.................................... 600
House value (Gross)..................... 150000
Shares and bonds........................ 0
Car(s).................................. 20000
Other assets............................ 0
Total Assets............................ 170600


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 78000....(398)......3.9
Total secured & HP debts...... 78000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................12881.....279.......3.9
Virgin.........................11700.....300.......15.9
HSB............................3400......100.......16.9
Barclaycard....................6800......160.......0
Total unsecured debts..........34781.....839.......-


Monthly Budget Summary
Total monthly income.................... 2,732
Expenses (including HP & secured debts). 1,634.7
Available for debt repayments........... 1,097.3
Monthly UNsecured debt repayments....... 839
Amount left after debt repayments....... 258.3

Personal Balance Sheet Summary
Total assets (things you own)........... 170,600
Total HP & Secured debt................. -78,000
Total Unsecured debt.................... -34,781
Net Assets.............................. 57,819

Created using the SOA calculator at https://www.LemonFool.co.uk.
Reproduced on Moneysavingexpert with permission, using other browser.

Naomim

Icandothisby2023 wrote: »

Here is my SOA as best as i can do it at present. I am hoping by posting this i may get a bit more intereaction as its not much help talking to myself!
Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 4 you may already have addressed this.... but 4 cars?

Monthly Income Details
Monthly income after tax................ 1200
Partners monthly income after tax....... 1450
Benefits................................ 82
Other income............................ 0
Total monthly income.................... 2732

Monthly Expense Details
Mortgage................................ 398
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 124
Electricity............................. 40
Gas..................................... 65
Oil..................................... 0
Water rates............................. 21
Telephone (land line)................... 0
Mobile phone............................ 43
TV Licence.............................. 13.2
Satellite/Cable TV...................... 61.5
Internet Services....................... 0
Groceries etc. ......................... 300
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 35
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 55
Buildings insurance..................... 10
Contents insurance...................... 10
Life assurance ......................... 25
Other insurance......................... 0
Presents (birthday, christmas etc)...... 5 This actually looks a bit low, especially as you have a child. There's always those birthday parties they're invited to and this only comes to £60 a year total
Haircuts................................ 0 no hair cuts? Mine's not been done for a year but the kids need doing every couple of months
Entertainment........................... 0 nothing for entertainment or does that come out of personal spending money?
Holiday................................. 20
Emergency fund.......................... 20
Personal spending money................. 300 Any chance this can cut down a bit? MrM & I have £120 each for the month
Total monthly expenses.................. 1634.7


Assets
Cash.................................... 600
House value (Gross)..................... 150000
Shares and bonds........................ 0
Car(s).................................. 20000
Other assets............................ 0
Total Assets............................ 170600


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 78000....(398)......3.9
Total secured & HP debts...... 78000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................12881.....279.......3.9
Virgin.........................11700.....300.......15.9
HSB............................3400......100.......16.9
Barclaycard....................6800......160.......0
Total unsecured debts..........34781.....839.......-


Monthly Budget Summary
Total monthly income.................... 2,732
Expenses (including HP & secured debts). 1,634.7
Available for debt repayments........... 1,097.3
Monthly UNsecured debt repayments....... 839
Amount left after debt repayments....... 258.3

Personal Balance Sheet Summary
Total assets (things you own)........... 170,600
Total HP & Secured debt................. -78,000
Total Unsecured debt.................... -34,781
Net Assets.............................. 57,819

Created using the SOA calculator at https://www.LemonFool.co.uk.
Reproduced on Moneysavingexpert with permission, using other browser.

To be honest, I'm not sure there is much you can do with this, it looks like you've more or less trimmed down anyway. Did YNAB help with that?

Naomim

Icandothisby2023

Cars is a bit of a special one! One is family car, the others are classics, with big sentimental value, all tax and mot exempt and very little insurance costs.
Hair Cuts, my parents tend to pay for LO hair cut. I do hubby's and I might get a trim once a year if i'm feeling in the mood!
I guess presents is perhaps a little low, but extra would come out of personal spends.
Entertainment comes from personal spends too.

Icandothisby2023

I know its really soon to change it, have annotated why!
Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 4 (3 are sentimental classics, all costs cover all vehicles)

Monthly Income Details
Monthly income after tax................ 1303 (I am paid weekly, I had worked on a 4 week month but this is a calendar month)
Partners monthly income after tax....... 1495 (checked what actually comes in)
Benefits................................ 82
Other income............................ 0
Total monthly income.................... 2880

Monthly Expense Details
Mortgage................................ 398
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 124 (paid over 10 months, Feb/March I will put this to CC payment)
Electricity............................. 40 (This and gas are paid together, I need to shop around)
Gas..................................... 65
Oil..................................... 0
Water rates............................. 23
Telephone (land line)................... 0
Mobile phone............................ 0
TV Licence.............................. 13.2
Satellite/Cable TV...................... 61.5 (covers TV, Phone and internet)
Internet Services....................... 0
Groceries etc. ......................... 300
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 35
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 55 (will be changing pet insurance if I've not needed to claim before this policy expires)
Buildings insurance..................... 10
Contents insurance...................... 10
Life assurance ......................... 25
Other insurance......................... 0
Presents (birthday, christmas etc)...... 5
Haircuts................................ 0 (see comment in post above)
Entertainment........................... 100
Holiday................................. 30
Emergency fund.......................... 20
Personal spending....................... 250
Total monthly expenses.................. 1653.7


Assets
Cash.................................... 600
House value (Gross)..................... 150000 (house may be worth more but not in position to move so haven't checked value recently)
Shares and bonds........................ 0
Car(s).................................. 20000
Other assets............................ 0
Total Assets............................ 170600


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 78000....(398)......3.9
Total secured & HP debts...... 78000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................12881.....275.......3.9
Virgin.........................11700.....300.......15.9 (payment figure is more than minimum on all cards, but is the amount I definitely pay)
HSB............................3400......100.......16.9
Barclaycard....................6800......160.......0 (0% until May 2021)
Total unsecured debts..........34781.....835.......-


Monthly Budget Summary
Total monthly income.................... 2,880
Expenses (including HP & secured debts). 1,653.7
Available for debt repayments........... 1,226.3
Monthly UNsecured debt repayments....... 835
Amount left after debt repayments....... 391.3

Personal Balance Sheet Summary
Total assets (things you own)........... 170,600
Total HP & Secured debt................. -78,000
Total Unsecured debt.................... -34,781
Net Assets.............................. 57,819

Created using the SOA calculator at https://www.LemonFool.co.uk.
Reproduced on Moneysavingexpert with permission, using other browser.

Naomim

Icandothisby2023 wrote: »

Cars is a bit of a special one! One is family car, the others are classics, with big sentimental value, all tax and mot exempt and very little insurance costs.

Do you do anything with them? Can they make you money at all? photo shoots, weddings, trade fairs, rallys?

Naomim